Eye Massage Device Market Forecast and CAGR of 4.1%-4.6%
According to the latest research by Fact.MR Report, eye massage device is set to witness steady growth during 2021-2031. Demand for eye massage devices will witness steady recovery in short term, with an optimistic growth outlook in the long run. Adoption and development of eye massagers, owning to features like flexibility and portability will create growth opportunities in the future for eye massager devices.
Various health organizations and governments are taking initiatives to educate and spread awareness about eye health and its care, providing major growth for the eye massage market.
What is Driving Demand for Eye Massage Device?
Eye massage equipment helps to reduce muscle pain, fatigue, discomfort, and tension, caused mainly due to stiffness and tightening of muscles caused during a rigorous work schedule or due to sitting in front of a laptop or TV all day which in turn ascend the demand for the product.
Furthermore, eye massage equipment saves a lot of time and money, as one does not need to set their time out from their busy work schedule to book an appointment with the therapist.
In addition, eye massage equipment not only stimulates the circulation of blood but also brings nutrients and oxygen-rich blood to the eye muscles. As a result, such devices are gaining popularity among consumers who are inclined towards self-help and alternative health practices, due to the busy schedule and changing lifestyle.
Opportunities in the Market
The online distribution of massage devices is growing at a high rate. The e-Commerce platforms provide a vast array of opportunities for the manufacturers as well as consumers to buy and sell easily. Prominent players are strategically investing in online distribution channels in order to reach a customer base and gain high market share.
The growing population of the geriatric base is performing as a key aspect for the growth of eye massage devices as they are highly prone to eye diseases and disorders. Manufacturers are producing a wide range of application that is suitable for people with all ages and can be shared among multiple people.
Furthermore, the rise in air pollution is causing various eye-related problems which are creating demand for the product in the market. As a result, to protect eyes from dirt and air pollutants, producers are capitalizing on this opportunity by the launch of new designs and features in the market.
US and Canada Eye Massage Device Market Outlook
The US is one of the largest markets for eye massage devices globally. The US eye massage device is set to tread on the historic pattern of bust and boom during the assessment period 2021-2031.
The changing lifestyle entails the individual purchasing the eye massage devices according to the going trend in the market. Moreover, Americans are estimated to spend an average of more than 10 hours a day in visual display. The average screen time has been increasing year by year significantly due to the expansion of the global Internet network.
Moreover, mobile phones are being used by individuals whether they are traveling or sitting or lying on a bed due to which the eyes are exposed to artificial lights which are harmful. These things significantly affect the eyes and cause visual strain which in turn increases the eye massage device demand.
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Europe Demand Outlook for Eye Massage Device
The Europe eye massage device market is expected to witness healthy growth in coming years owing to the growing prevalence of vision-related disorders. Also, growing awareness towards the healthy eye and increasing income are propelling the demand for eye massage devices in the European market.
Additionally, the increasing working population, and improper sleep cycles are highly prone to eye diseases which are augmenting the demand for the product. Moreover, with the spread of the Covid-19 virus, almost all countries have implemented lockdown- including offices, schools, and colleges.
With the new emerging way of work, employees are adjusting to the new “normal” –with the meeting, schools, colleges going completely online, office work shifting to home, resulting in the prolonged exposure to the digital technologies which negatively affects the eyes causing eye strain, dryness, pain, and headache which is likely to have a positive demand on the eye massage market.
Who are the Key Manufacturers and Suppliers of Eye Massage Device?
Some of the leading manufacturers and suppliers of eye massage device include
- Foreo Fartai Electronics Co. Limited
- Shenzhen Breo Technology Co. Ltd.
- Hefei Hezheng Medical Technology Co. Ltd.
- Guangzhou Youyiun Networking Technology Co. Ltd.
- Shenzhen Aibili Technology Co. Ltd,
- Shenzhen Deda Health Co.Ltd
- Guangdong Mory Intelligent Technology Co. Ltd.
- Shenzhen Pango Electronic Co.
- TECO Corporation, Panasonic Corporation,
- Jhonson and Jhonson Services Inc
An Adaptive Approach to Modern-day Research Needs
Eye Massage Device Market Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company
By Product Type
- Electronic Devices
- Manual/Battery Devices
By End-Use Industry
- Pharmaceutical Industry
- Personal care Industry
- Cosmetic Industry
By Material Type
- Below US$ 10
- US$ 10 – US$ 20
- US$ 20 – US$ 50
- US$ 50 – US$ 100
- US$ 100 – US$ 150
- Above US$ 200
By Sales Channel
- Independent Stores
- Specialty Stores
- Online Retailers
- Direct Sales
- Other Sales Channel
- North America
- US & Canada
- Latin America
- Brazil, Mexico, Others
- Western Europe
- Eastern Europe
- Asia Pacific
- Australia and New Zealand (ANZ)
- Greater China
- Rest of Asia Pacific
- Middle East and Africa
- GCC Countries
- Other Middle East
- North Africa
- South Africa
- Other Africa
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.